Finance
Finance
Jamshid Kuchkarov: Public Debt Growth Driven by Infrastructure Investments and Economic Development
At a session of the Legislative Chamber of the Oliy Majlis held on June 3, Minister of Economy and Finance Jamshid Kuchkarov delivered clarifications regarding …
Debt Burden of Individuals in Uzbekistan Exceeds 34% of Income
Despite ongoing macroprudential measures, concerns persist in Uzbekistan regarding the rising debt burden on households, particularly in the microcredit sector. …
Starting from 1 July, Pensions and Benefits to Increase, and from 1 August, Salaries and Scholarships to Rise by 10%
President Shavkat Mirziyoyev of Uzbekistan has signed a decree to increase the salaries of public sector employees, as well as …
Salaries, Pensions, Benefits, and Scholarships to Be Increased by 10%
President of Uzbekistan Shavkat Mirziyoyev has signed a decree to raise the salaries of employees in budget-funded organizations, as well …
The Competition Committee fined Agrobank for misleading advertising of microloans
The Competition Committee has initiated a case against Agrobank for violating advertising legislation, the agency’s press service reported.
Moody’s Ratings: Establishment of a National Reinsurer Will Strengthen Uzbekistan’s Insurance Sector
The creation of a national reinsurer in Uzbekistan will consolidate local reinsurance capacities and enhance the overall financial stability of …
Monthly Inflation in May Reached 1.5%
In May 2025, the Consumer Price Index (CPI) on an annual basis decreased to 108.7% compared to 110.1% in April …
CBU: Rising risks in microcredit and household debt intensify financial challenges
In 2024, Uzbekistan’s banking sector maintained financial stability despite an overall easing of financial conditions, according to a report published …
Uzbekistan and China discuss the establishment of the SCO Development Bank
On 30 May 2025, a bilateral online meeting took place between representatives of the Ministry of Economy and Finance of …
HUMO joins the Central Asian Fintech Companies Association
A signing ceremony was held in Tashkent to formalize the membership of the Joint Stock Company “National Interbank Processing Center” …